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The 37% Rule derives from optimal stopping’s most famous puzzle, which has come to be known as the “secretary problem.” Its setup is much like the apartment hunter’s dilemma that we considered earlier. Imagine you’re interviewing a set of applicants for a position as a secretary, and your goal is to maximize the…
...people who engage in “work-related prospection”– that is, thinking and planning about the day and week ahead and the steps you need to take to achieve your career goals – tend to weather the stresses of the journey better than people whose minds wander aimlessly. This translated to greater job satisfaction…
It's difficult to put firm numbers to the costs and benefits of lead abatement. But for a rough idea, let's start with the two biggest costs. Nevin estimates that there are perhaps 16 million pre-1960 houses with lead-painted windows, and replacing them all would cost something like $10 billion per year over 20 years…
Many people—including, presumably, most of those reading this book—believe that death is probably the final end of all personal experience and do not expect to continue their existence in some other life or other world. In this view, it is precisely the fact that our lives are limited that makes them precious. How we…